- Yi: +67.43
- Attempting to bottom out here: BITW, $BTCUSD, ETCG, ETHE, GBTC, PPG, PPLT, SIL, SLV
- Moderately oversold: MRK
- Trying to hold some rising trend line support: KMB
- Attempting to hold the 28 DMA: CLX
- Up against the 28 DMA: CVS, FLR, IRBT, LMT, MTH, PRU, SDY
- Up against the 65 DMA: BWA, CAKE, GME, HBI, MTSI
- Up against falling trend line resistance: AIG, ALEX, BABA, CBRL, ITW, MAIN, NOBL, TSN
- Up against rising trend line resistance: MMC
- Moderately overbought: CORN, OLLI, PAG, WGO, YETI
- At the average overbought level: OMC
- Toppy: UNG, $USD, UUP
- Anything posted on these pages may be off base.
For those of you who have inquired, the "Yi" is my own proprietary overbought/oversold indicator. A +10 reading generally indicates we are overbought in the overall market, and -4 or a -5 reading is telling us the market is a bit oversold. The "zero line" in between the plus and minus readings will sometimes act as an area of support or resistance, so I tend to keep an eye on that level also. A reading of +20 is extremely overbought, and a -10 indicates the market is extremely oversold.
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